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910,000 CITATION COMPUTER SYSTEMS, INC. INITIAL COMMON SHARES OFFERED AT $7.00 PER SHARE

 910,000 CITATION COMPUTER SYSTEMS, INC. INITIAL COMMON SHARES
 OFFERED AT $7.00 PER SHARE
 MARYLAND HEIGHTS, Mo., Oct. 23 /PRNewswire/ -- CITATION Computer Systems, Inc. announced today the initial public offering of 910,000 shares of common stock at $7.00 per share, through underwriters led by William Blair & Company. All of the shares are being sold by the company.
 Net proceeds to the company will be used for general corporate purposes, including international growth and development and enhancement and expansion of its product line.
 The common stock of CITATION Computer Systems, Inc. will trade on the NASDAQ National Market System under the Symbol CITA.
 Headquartered in Maryland Heights, CITATION Computer Systems, Inc. designs, develops, markets and services network-based microcomputer laboratory information systems for use in hospital, group practice/clinic and reference laboratories, improving the quality of patient care by providing healthcare professionals with timely, accurate and comprehensive information.
 Copies of the prospectus may be obtained from William Blair & Company, 135 S. LaSalle St., Chicago, Ill. 60603. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.
 -0- 10/23/92
 /CONTACT: Kenneth R. Brown, chief executive officer of CITATION Computer Systems, Inc., 314-428-2900, or Mark G. Brady of William Blair & Company, 312-236-1600, for CITATION Computer Systems/
 (CITA) CO: CITATION Computer Systems, Inc. ST: Missouri IN: CPR SU: OFR


SH-KW -- NY046 -- 4200 10/23/92 13:28 EDT
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Publication:PR Newswire
Date:Oct 23, 1992
Words:265
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